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Showing 711 - 720 of 3550 results for "October 2008"

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
"...participants generally assessed that, provided that the economic recovery remained broadly on track, a gradual tapering process that concluded around the middle of next year would likely be appropriate. Participants noted that if a decision to begin ...

Ellerston to shutter Morphic ESG fund

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management. Investors were notified in December last year that an assessment of the fund's viability would take place this ...

ASIC extends SoA relief measure

KARREN VERGARA  |  THURSDAY, 14 OCT 2021
Corporate regulator ASIC is extending the temporary Statement of Advice relief measure until 15 April 2022. This marks the second time that ASIC has extended the relief measure, which enables advisers to replace SoAs with Records of Advice for existing ...

Gender equality perception differs

ANNABELLE DICKSON  |  WEDNESDAY, 13 OCT 2021
The lived experience of men and women in financial services vastly differs as the gap is widening between organisations saying they are working to promote gender equality and those putting it into practice, new research shows. FINSIA's sixth biennial ...

CBA completes review, sued by FWO

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
Commonwealth Bank finalised its three-year action plan by implementing recommendations from a prudential inquiry to improve its governance and culture. At the same time, it has been slammed with court proceedings for underpaying staff over $16 million. ...

AustralianSuper appoints chief risk officer

JAMIE WILLIAMSON  |  TUESDAY, 12 OCT 2021
After promoting Paul Schroder to succeed Ian Silk, AustralianSuper has named a new chief risk officer. After 10 years with the fund, Andrew Mantello has been appointed to the lead risk role. It's a promotion for Mantello, who most recently served ...

REI Super makes drastic fee changes

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
REI Super is overhauling the way it charges both administration and investment fees, with most members expected to pay less from October 28. Currently, the $2 billion industry fund charges administration fees as a flat $1.65 per week plus 0.25% of a ...

Economic recap: Week to October 8

BENJAMIN ONG  |  MONDAY, 11 OCT 2021
Combine economic stagnation and rising inflation and what do we get? We get stagflation -- the financial markets' fear du'jour. It had been nearly half a century ago when the global economy have had its last encounter with stagflation. he first ...

Stewart Investors launches fund, drops fees

JAMIE WILLIAMSON  |  FRIDAY, 8 OCT 2021
Stewart Investors is bringing its Worldwide Leaders Sustainability Fund to retail investors, with significantly lower fees. Management fees on the fund will be 0.45%, down from 1.15%. The fund manager said the reduction is made possible by years of ...

Mainstream shareholders vote in favour of Apex

ANNABELLE DICKSON  |  FRIDAY, 8 OCT 2021
After a lengthy bidding war, Mainstream shareholders have voted in favour of the proposed acquisition by Apex Group. Apex will acquire 100% of Mainstream shares for $2.80 per share, valuing the company at $400 million. Almost 99% of Mainstream shareholders ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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